NIKKEI225 $ FULL0625 - 15 min. - Technical analysis published on 05/20/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 39,042 USD
My targets
40,180 USD (+2.28%)
40,845 USD (+3.97%)
My analysis
NIKKEI225 $ FULL0624 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 39,042 USD. The next resistance located at 40,180 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 40,845 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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Additional analysis
Quotes
The NIKKEI225 $ FULL0624 rating is 39,285 USD. On the day, this instrument gained +1.37% and was between 38,700 USD and 39,460 USD. This implies that the price is at +1.51% from its lowest and at -0.44% from its highest.38,700
39,460
39,285
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this NIKKEI225 $ FULL0624 chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 38,781 | 38,907 | 38,990 | 39,285 | 40,845 |
| Change (%) | -1.28% | -0.96% | -0.75% | - | +3.97% |
| Change | -504 | -378 | -295 | - | +1,560 |
| Level | Intermediate | Intermediate | Intermediate | - | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38,268 | 38,412 | 38,583 | 38,727 | 38,898 | 39,042 | 39,213 |
| Camarilla | 38,668 | 38,697 | 38,726 | 38,755 | 38,784 | 38,813 | 38,842 |
| Woodie | 38,283 | 38,419 | 38,598 | 38,734 | 38,913 | 39,049 | 39,228 |
| Fibonacci | 38,412 | 38,532 | 38,606 | 38,727 | 38,847 | 38,921 | 39,042 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37,150 | 37,565 | 38,160 | 38,575 | 39,170 | 39,585 | 40,180 |
| Camarilla | 38,477 | 38,570 | 38,662 | 38,755 | 38,848 | 38,940 | 39,033 |
| Woodie | 37,240 | 37,610 | 38,250 | 38,620 | 39,260 | 39,630 | 40,270 |
| Fibonacci | 37,565 | 37,951 | 38,189 | 38,575 | 38,961 | 39,199 | 39,585 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32,802 | 34,773 | 36,377 | 38,348 | 39,952 | 41,923 | 43,527 |
| Camarilla | 36,997 | 37,325 | 37,652 | 37,980 | 38,308 | 38,635 | 38,963 |
| Woodie | 32,618 | 34,681 | 36,193 | 38,256 | 39,768 | 41,831 | 43,343 |
| Fibonacci | 34,773 | 36,139 | 36,983 | 38,348 | 39,714 | 40,558 | 41,923 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 69.00 | |
| MACD (12,26,9): | 159.0000 | |
| Directional Movement: | 18 | |
| AROON (14): | 50 | |
| DEMA (21): | 39,337 | |
| Parabolic SAR (0,02-0,02-0,2): | 39,460 | |
| Elder Ray (13): | 81 | |
| Super Trend (3,10): | 39,138 | |
| Zig ZAG (10): | 39,305 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 81.00 | |
| TEMA (21): | 39,431 | |
| Williams %R (14): | -21.00 | |
| Chande Momentum Oscillator (20): | 410 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 3.00 |
| MA7: | 38,623 | |
| MA20: | 38,400 | |
| MA50: | 38,927 | |
| MA100: | 37,853 | |
| MAexp7: | 39,309 | |
| MAexp20: | 39,145 | |
| MAexp50: | 38,960 | |
| MAexp100: | 38,860 | |
| Price / MA7: | +1.71% | |
| Price / MA20: | +2.30% | |
| Price / MA50: | +0.92% | |
| Price / MA100: | +3.78% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | +0.36% | |
| Price / MAexp50: | +0.83% | |
| Price / MAexp100: | +1.09% |
Quotes :
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10 min delayed data
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CME Globex Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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